
Nov 03, 2017 06:54 am UTC| Research & Analysis Insights & Views
Implied correlations between yen-crosses are rich for a benign post-Japanese election environment bereft of idiosyncratic yen risks; sell USDJPY vs. CHFJPY correlation swaps hedged with USDJPY FVAs. But lets just have a...
FxWirePro: Hedge or no hedge, the driving forces of LatAM FX space
Nov 02, 2017 17:26 pm UTC| Research & Analysis Insights & Views
These past weeks price action has tested our resolve: global forces like the possible change of Fed Chair or possible US tax reform have naturally changed the USD outlook. In addition, less positive news particularly on...
FxWirePro: Reshuffling G10 FX options trades owing to recent developments
Nov 02, 2017 14:33 pm UTC| Research & Analysis Insights & Views Central Banks
The US dollar is trading little defensively to start the day but the DXY is trading off the overnight low and the broader upswing in the big dollar that got underway at the start of Sep remains intact. The USD saw...
FxWirePro: Uphold USD/INR RKOs as Indian rupee surged to 6-weeks highs amid low RVs
Nov 02, 2017 14:09 pm UTC| Central Banks Research & Analysis Insights & Views
The low realized vol and technical support suggest RKO put, INR volatility lies in the low vol bucket in the EM space (3m vol is trading below 6) but realized vol has remained constantly lower than implied vol since start...

FxWirePro: Why and what lures euro for options writing opportunity in cheaper bearish hedging?
Nov 02, 2017 12:59 pm UTC| Research & Analysis Insights & Views
Shift policy dynamics leads euro vols market downside, shrinking IVs, skews and neutral risk reversals lure cheap bearish hedging: Developments over the past week motivate two changes to our trade recommendations....

Nov 02, 2017 10:48 am UTC| Central Banks Research & Analysis Insights & Views
A glimpse through fundamentals: ECB monetary policy will be on autopilot in the near future and thus diminish in importance as a driver for the euro in the coming weeks, leaving the currency open to vagaries of other...

Nov 02, 2017 09:02 am UTC| Central Banks Research & Analysis Insights & Views
The Federal Reserve last night maintained interest rates unchanged at 1-1.25%, as widely anticipated.The press statement was largely unchanged: it sounded a little more upbeat about recent economic developments, while...